Price for Copper; Washers, (Including Spring Washers), Not Threaded in Venezuela - 2022

Contents:

  1. Price for Copper; Washers, (Including Spring Washers), Not Threaded in Venezuela (FOB) - 2022
  2. Price for Copper; Washers, (Including Spring Washers), Not Threaded in Venezuela (CIF) - 2022
  3. Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Venezuela
  4. Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Venezuela

Price for Copper; Washers, (Including Spring Washers), Not Threaded in Venezuela (FOB) - 2022

The average export price for copper; washers, (including spring washers), not threadeds stood at $51,203 per ton in 2022, which is down by -5.2% against the previous year. In general, the export price, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2017 when the average export price increased by 102% against the previous year. As a result, the export price attained the peak level of $67,667 per ton. From 2018 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($58,959 per ton), while the average price for exports to Poland ($5,857 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+64.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Copper; Washers, (Including Spring Washers), Not Threaded in Venezuela (CIF) - 2022

The average import price for copper; washers, (including spring washers), not threadeds stood at $37,167 per ton in 2022, with a decrease of -52.5% against the previous year. Overall, the import price, however, enjoyed a slight increase. The pace of growth appeared the most rapid in 2019 an increase of 122%. As a result, import price attained the peak level of $109,273 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($155,000 per ton), while the price for Hungary ($333 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Copper; Washers, (Including Spring Washers), Not Threaded in Venezuela

In 2022, overseas shipments of copper; washers, (including spring washers), not threadeds decreased by -44.6% to 118 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports saw a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 37% against the previous year. As a result, the exports attained the peak of 213 kg, and then contracted notably in the following year.

In value terms, exports of copper; washers, (including spring washers), not threadeds dropped notably to $6K in 2022. Over the period under review, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 54%. As a result, the exports reached the peak of $12K, and then shrank significantly in the following year.

Export of Copper; Washers, (Including Spring Washers), Not Threaded in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus5.86.310.35.7-0.6%
KazakhstanN/AN/AN/A0.30%
Russia1.2N/AN/AN/A0%
Norway1.30.4N/AN/A-69.2%
Poland0.10.10.1N/A0.0%
Czech RepublicN/A0.71.1N/A57.1%
OthersN/AN/AN/AN/A0%
Total8.47.511.56.0-10.6%

Top Export Markets for Copper; Washers, (Including Spring Washers), Not Threaded from Venezuela in 2022:

  1. Belarus (97.0 kg)
  2. Kazakhstan (20.0 kg)
  3. Poland (7.0 kg)

Imports of Copper; Washers, (Including Spring Washers), Not Threaded in Venezuela

In 2022, purchases abroad of copper; washers, (including spring washers), not threadeds decreased by -17.8% to 60 kg for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 284%. As a result, imports attained the peak of 73 kg, and then shrank significantly in the following year.

In value terms, imports of copper; washers, (including spring washers), not threadeds contracted markedly to $2.2K in 2022. In general, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 386%. As a result, imports reached the peak of $5.7K, and then shrank rapidly in the following year.

Import of Copper; Washers, (Including Spring Washers), Not Threaded in Venezuela (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6124398437758.2%
Italy1291881,26346052.8%
Spain1021501,01937554.3%
Mexico85.010660418830.3%
Panama11011757215211.4%
Brazil51.044.083912334.1%
Colombia16.017.079.020.07.7%
China51.047.014311.0-40.0%
Argentina3.03.015.04.010.1%
France1.01.01.01.00.0%
Austria1.01.02.01.00.0%
Belgium1.01.01.01.00.0%
HungaryN/AN/AN/A1.00%
Others40.061.032811843.4%
Total1,2021,1755,7092,23022.9%

Top Suppliers of Copper; Washers, (Including Spring Washers), Not Threaded to Venezuela in 2022:

  1. Italy (17.0 kg)
  2. Spain (9.0 kg)
  3. Panama (5.0 kg)
  4. United States (5.0 kg)
  5. Mexico (4.0 kg)
  6. Hungary (3.0 kg)
  7. Brazil (2.0 kg)
  8. France (1.0 kg)
  9. Austria (1.0 kg)
  10. China (1.0 kg)
  11. Colombia (1.0 kg)
  12. Belgium (1.0 kg)
  13. Argentina (1.0 kg)

Source: IndexBox Market Intelligence Platform

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